(Photo by Pornprom Satrabhaya)Average trading value per day in Thailand's two stock indices saw a 27.8% year-on-year rise in June, a 30-month high, as retail investors returned to capture capital gains from lower share valuation because of the pandemic. The average trading value per day also rose by 38.2% year-on-year during the first half to 68.6 billion baht. Mr Soraphol said more than 100,000 new retail trading accounts entered the stock market, with most younger investors accessing the market via online trading. "These new investors [seem to] prefer investing in fundamental stocks that have share prices below the fundamental value," he said. Foreign investors were net sellers of 22.4 billion baht worth of local shares in June, trending the same as other regional markets.

Source: Bangkok Post July 08, 2020 23:03 UTC